Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
990 • Fiscal year 2022 • EIN 74-2390527
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
47th percentile
Higher top officer pay than 47% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Assets
Up$827,243
Up $75,192 (+10.0%) from 2021
Net Assets
Up$796,621
Up $84,175 (+12%) from 2021
Liabilities
Down$30,622
Down $8,983 (-23%) from 2021
Revenue
Up$403,205
Up $345,903 (+604%) from 2021
Expenses
Up$319,030
Up $48,678 (+18%) from 2021
Net Income
Up$84,175
Up $297,225 (+140%) from 2021
Supplement appropriations by the state legislature for development of the state's resources and attracting new businesses to the state of arkansas.
Supplement appropriations by the state legislature for development of the state's resources and attracting new businesses to the state of arkansas
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $643,417 | $683,550 | ▲ $40,133 |
| Cash and Non-Interest-Bearing Accounts | $70,454 | $114,841 | ▲ $44,387 |
| Land, Buildings, and Equipment, Net | $35,759 | $26,431 | ▼ $9,328 |
| Prepaid Expenses and Deferred Charges | $2,421 | $2,421 | → $0 |
| Total Assets | $752,051 | $827,243 | ▲ $75,192 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $39,605 | $30,622 | ▼ $8,983 |
| Total Liabilities | $39,605 | $30,622 | ▼ $8,983 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $712,446 | $796,621 | ▲ $84,175 |
| Total Net Assets Fund Balance | $712,446 | $796,621 | ▲ $84,175 |
| Total Liabilities and Net Assets / Fund Balance | $752,051 | $827,243 | ▲ $75,192 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $26,431 | $20,208 | $46,639 |
| Name | Title |
|---|---|
| Gus Vratsinas | President |
| Frank Thomas | Vice-president |
| Archie Schaffer Iii | Board Member |
| Lang Zimmerman | Board Member |
| Michael Lindsey | Board Member |
| Mike Akin | Board Member |
| Niel Crowson | Board Member |
| William Rockefeller | Board Member |
| Mark Young | Secretary |
| Mike Carroll | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $273,030 |
| Grants and Similar Amounts Paid | $46,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Travel | $96,014 | $731 | - | $96,745 |
| Advertising | $58,900 | - | - | $58,900 |
| Payment Travel Entrtnmnt Publicly Ofcl | $57,568 | $675 | - | $58,243 |
| Grants to Domestic Orgs | $46,000 | - | - | $46,000 |
| Fees for Services Accounting | - | $14,180 | - | $14,180 |
| Depreciation Depletion | $9,328 | - | - | $9,328 |
| All Other Expenses | $3,464 | - | - | $3,464 |
| Interest | $2,805 | - | - | $2,805 |
| Other Expenses | $1,818 | - | - | $1,818 |
| Office Expenses | - | $475 | - | $475 |
| Insurance | - | $194 | - | $194 |
| Total Functional Expenses | $302,775 | $16,255 | $0 | $319,030 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $372,654 |
| Expenses per Audited Statements | $319,030 |
| Total Expenses per Form 990 | $319,030 |
| Expenses Not Reported on Form 990 | $53,624 |
| Expenses Not Reported on Financial Statements | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Arkansas Industrial and Economic Development Foundation | Little Rock, AR | 501c3 | General Support | $44,000 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $53,624 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Luncheon | $412,600 | - | $1,020 | - |
| Total Events | $412,600 | - | $53,624 | $-53,624 |
“The organization provides a copy of the form 990 to its governing body via email prior to filing the form”
“UPON REQUEST”
“The foundation will recognize accrued interest and penalties, if any, associated with uncertain positions as part of management and general expenses.”
“Fundraising expenses reported on stmt of revenue 53,624.”
“Fundraising expenses reported on stmt of revenue 53,624.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | SUPPLEMENT APPROPRIATIONS BY THE STATE LEGISLATURE FOR DEVELOPMENT OF THE STATE'S RESOURCES AND ATTRACTING NEW BUSINESSES TO THE STATE OF ARKANSAS |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 58900 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 58900 |
| IRS990/AllOtherContributionsAmt | 0 | 43458 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3464 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 3464 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BEN RUGG |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5016645434 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1501 N UNIVERSITY DR STE 245 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72207 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 70454 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 114841 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 412600 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 456058 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 46000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 771 |
| IRS990/CYOtherExpensesAmt | 0 | 273030 |
| IRS990/CYOtherRevenueAmt | 0 | -53624 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 84175 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 319030 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 403205 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 9328 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 9328 |
| IRS990/Desc | 0 | ORGANIZED SEVERAL EVENTS TO ATTRACT PROSPECTIVE BUSINESSES, AND PROMOTE ECONOMIC DEVELOPMENT IN ARKANSAS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 302775 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14180 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14180 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GUS VRATSINAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | FRANK THOMAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MIKE CARROLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MIKE AKIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NIEL CROWSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MARK YOUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ARCHIE SCHAFFER III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MICHAEL LINDSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WILLIAM ROCKEFELLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | LANG ZIMMERMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1955 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 412600 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 53624 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantAmt | 0 | 46000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 46000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 46000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 456829 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 194 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 194 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 2805 |
| IRS990/InterestGrp/TotalAmt | 0 | 2805 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 771 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 771 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 20208 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 35759 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 26431 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 46639 |
| IRS990/LegalDomicileStateCd | 0 | AR |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | SUPPLEMENT APPROPRIATIONS BY THE STATE LEGISLATURE FOR DEVELOPMENT OF THE STATE'S RESOURCES AND ATTRACTING NEW BUSINESSES TO THE STATE OF ARKANSAS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 39605 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 30622 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 712446 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 796621 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -53624 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -53624 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 712446 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 796621 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 1 |
| IRS990/NondeductibleContriDisclInd | 0 | 1 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 475 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 475 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MEALS |
| IRS990/OtherExpensesGrp/Desc | 1 | ENTERTAINMENT REIMBURSE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 26878 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1818 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 26878 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1818 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2421 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2421 |
| IRS990/PrincipalOfficerNm | 0 | GUS VRATSINAS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | MADE CONTRIBUTIONS TO ORGANIZATION THAT WORK TO ATTRACT PROSPECTIVE BUSINESSES, AND PROMOTE ECONOMIC DEVELOPMENT IN ARKANSAS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 54130 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 78180 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3172 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt | 0 | 675 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt | 0 | 57568 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 58243 |
| IRS990/PYOtherExpensesAmt | 0 | 192172 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -213050 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 270352 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 57302 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 84175 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 643417 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 683550 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 53624 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 319030 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 53624 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 26431 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 20208 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 46639 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 53624 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 53624 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 403205 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION WILL RECOGNIZE ACCRUED INTEREST AND PENALTIES, IF ANY, ASSOCIATED WITH UNCERTAIN POSITIONS AS PART OF MANAGEMENT AND GENERAL EXPENSES. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FUNDRAISING EXPENSES REPORTED ON STMT OF REVENUE 53,624. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | FUNDRAISING EXPENSES REPORTED ON STMT OF REVENUE 53,624. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 319030 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 403205 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 456829 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 372654 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 412600 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 412600 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 53624 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | LUNCHEON |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 29471 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 29471 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 412600 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 412600 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -53624 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 1020 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 1020 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 23133 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 23133 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 44000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C3 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | GENERAL SUPPORT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | ARKANSAS INDUSTRIAL AND ECONOMIC DEVELOPMENT FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 272775803 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | PO BOX 1784 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 72203 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO ITS GOVERNING BODY VIA EMAIL PRIOR TO FILING THE FORM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | ARKANSAS INDUSTRIAL AND ECONOMIC DEVELOPMENT FOUNDATION INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 272775803 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | AR |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | CHARITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 1784 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 72203 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 44000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | AR INDUSTRIAL & ECONOMIC DEV FDN |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | B |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | AR |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 752051 |
| IRS990/TotalAssetsEOYAmt | 0 | 827243 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 752051 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 827243 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 456058 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 16255 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 302775 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 319030 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 39605 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 30622 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 39605 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 30622 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 712446 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 796621 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 302775 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -52853 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 403205 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 752051 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 827243 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 731 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 96014 |
| IRS990/TravelGrp/TotalAmt | 0 | 96745 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2200 N RODNEY PARHAM RD STE 206 |
| IRS990/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/USAddress/ZIPCd | 0 | 72212 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.